Sabra REIT - McKnight's Long Term Care News

Sabra REIT

Omega remains hopeful despite 8% occupancy drop; Sabra upbeat about skilled mix, acquisition prospects

Omega Healthcare executives expect operator performance to be “significantly affected” for the foreseeable future after reporting an 8% decline in overall occupancy since February. Meanwhile, Sabra Health Care REIT CEO Rick Matros cited numerous optimistic indicators at his company’s second quarter earnings call, despite also showing an 8% decline in occupancy since the pandemic was declared.

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